FL ARCHIVED April 2017 | Page 139

Market Action Report Brevard County County: Brevard Agent Name Market Action Report County: Brevard April 2017 Title Phone Agent Name Website Title Other April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $299,000 5% 24% Other $403,743 Trending 3% versus*: 24% Month LM L3M PYM LY $197,000 4% 4% 13% $299,000 5% 24% $238,811 2% 2% 12% $403,743 2,701 3% -2% 24% -14% $197,000 990 4% -13% 4% 13% -11% 9% $238,811 2% 2% 12% 8% 51 0% -7% -12% 2,701 -2% -14% $148 0% 1% 12% 990 -13% -11% $133 3% 3% 12% 51 0% -7% -12% -6% 2.7 13% -5% -3% $148 0% 1% 12% 9% 95.5% .7% .7% .7% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Current Listings April Average Sales Price Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sale Price vs List Price Ratio April Sold Price per Square Foot April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales Trending versus*: YTD Prior YTD 15% Prior Year $190,000 9% 8% $234,890 $190,000 3,709 15% $234,890 13% -6% 55 9% $147 3,709 -3% 10% $129 55 -5% -11% 3.1 $147 11% .8% 94.9% 13% 6% 6% -3% 6% -5% 6% 11% 13% 2% -12% 8% 0% 2% 8% 8% 2% 0% $133 3% 3% 12% 10% $129 13% 8% 2.7 13% -5% -3% -11% 3.1 -12% 2% of 94.9% Properties 95.5% .7% .7% .7% Number .8% 0% Sold 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 1,400 April Property sales were 990, down 11.1% from 1,114 in April of 2016 and 13.2% lower than the 1,141 sales last month. April 1,200 Property 2017 sales Sales were at their lowest level compared to April of 2016 1,400 April sales were 990, of down 11.1% from 1,114 in April of last 1,000 and Property 2015. April YTD sales 3,709 are running 2.9% behind 2016 and 13.2% lower sales than of the 3,819. 1,141 sales last month. April 1,200 year's year-to-date 800 2017 sales were at their lowest level compared to April of 2016 3 Mo Avg Number of Properties Sold 3 Mo Avg and 2015. April YTD sales of 3,709 are running 2.9% behind last 1,000 600 year's year-to-date sales of 3,819. 800 Prices 1,078 1,013 1,203 14 15 16 729 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 14 15 16 17 M J J A S O N D J Median F M A M Sales J J A Price S O N and D J F Average M A M J Sales J A S Price O N D J F M A 3 Mo Avg The Median Sales Price in April was $197,000, up 13.1% from Prices $174,250 in April of 2016 and up 4.2% from $189,000 last 240 The Median Sales Price Sales in April was in $197,000, 13.1% from month. The Average Price April was up $238,811, up 11.8% $174,250 in April in of April 2016 of and up 4.2% from $189,000 last from $213,541 2016 and up 2.2% from $233,751 last 240 220 month. Average Price at in the April was $238,811, up 11.8% month. The April 2017 Sales ASP was highest level compared to 220 200 from April of 2016 and up 2.2% from $233,751 last April $213,541 of 2016 in and 2015. month. April 2017 ASP was at the highest level compared to 200 180 April of 2016 and 2015. 0 0 200 200 400 400 600 17 Median Sales Price and Average Sales Price 3 Mo Avg 180 160 160 140 140 120 120 100 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 100 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 Inventory & MSI Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 6.0 6.0 2015. 0 5.0 4.0 The Total Inventory Inventory & MSI of Properties available for sale as of April 4,500 was Total 2,701, down 1.5% from 2,743 last month and 13.7% The Inventory of Properties available for sale as down of April from 3,130 in April last 2,743 year. last April 2017 Inventory was at its 4,500 4,000 was 2,701, down 1.5% of from month and down 13.7% 4,000 3,500 from 3,130 in compared April of last with year. April April of 2017 was at its lowest level 2016 Inventory and 2015. 3,500 3,000 lowest level compared with April of 2016 and 2015. 3,000 2,500 2,500 2,000 A comparatively lower MSI is more beneficial for sellers while 2,000 a 1,500 A higher comparatively lower MSI is more The beneficial sellers MSI is better for buyers. April for 2017 MSI while of 2.7 a 1,500 1,000 1,000 500 higher MSI is better for buyers. April 2017 of 2.7 months was at its lowest level The compared with MSI April of 2016 and 500 months 0 201